Emerging Europe Economics Update Poland: gearing up to hike interest rates It is now more likely than not that Polish policymakers will start to raise interest rates later this month. But we doubt that this will signal the beginnings of a sustained tightening cycle. 8th November 2010 · 1 min read
Emerging Europe Economics Update Should we worry about inflation expectations in Poland? There is little evidence to back up claims by some policymakers in Poland that interest rates should be raised in order to contain inflation expectations. In fact, doing so could entail some... 5th November 2010 · 1 min read
Emerging Europe Economics Update Industry makes a good start to Q4 Manufacturing PMIs strengthened across most of the region in October and continue to point to industrial production growth of between 10-15% y/y over the coming months. But manufacturers in the region... 2nd November 2010 · 1 min read
Emerging Europe Chart Pack 'Currency wars' bypass Emerging Europe (Oct 10) Concerns that a rapid influx of capital into emerging markets may sow the seeds of the next bubble do not really apply in Eastern Europe. This is because, so far, at least, capital inflows to the... 29th October 2010 · 1 min read
Emerging Europe Economics Update Polish policymakers not yet ready to raise rates Today’s decision to keep Polish interest rates unchanged and raise reserve requirements instead reflects an attempt to tighten monetary conditions without attracting an influx of foreign capital... 27th October 2010 · 1 min read
Emerging Europe Economics Update Polish prospects picking up, but challenges remain The outlook for Poland remains amongst the best in the region, and we now expect the economy to expand by 3% next year (from 2.5% before). But with further steps needed to tackle the large structural... 20th October 2010 · 1 min read
Emerging Europe Economics Update Turkey steps up its 'exit strategy' (Oct 10) It has been a long time coming, but policymakers in parts of the region are gearing up to begin tightening monetary policy. The Central Bank of Turkey accelerated its so-called ‘exit strategy’ from... 18th October 2010 · 1 min read
Europe Commercial Property Update Polish commercial property still offers good value, for now The relatively attractive pricing of the Polish commercial property market compared to markets in the West appears to have driven a surge in investment market activity. Looking ahead, we think that... 13th October 2010 · 1 min read
Emerging Europe Economics Update Poland still leading the way September’s manufacturing PMIs brought further evidence that Poland is leading the recovery in Central Europe. Elsewhere, however, the industrial sector is losing steam. 1st October 2010 · 1 min read
Emerging Europe Chart Pack Still in no mood to tighten Growth in some economies in Emerging Europe, not least Turkey, is starting to look impressive. But underlying inflation pressures remain relatively benign, and concerns over the durability of the... 30th September 2010 · 1 min read
Emerging Europe Economics Update Still in no rush to tighten (Sep 10) Growth in some economies in the region is starting to look impressive but underlying inflation pressures remain benign and concerns over the durability of the global recovery will keep policymakers... 20th September 2010 · 1 min read
Emerging Europe Economic Outlook The twin-speed recovery (Q3 2010) Some economies in Emerging Europe should grow at a decent pace over the next year or so, but most are facing a long haul back to health and the likelihood of renewed tensions within the eurozone... 17th September 2010 · 1 min read
Europe Commercial Property Update Prague vs. Warsaw: where are office market prospects brightest? The outlook for office occupier demand looks to be considerably stronger in Warsaw than in Prague. What’s more, completion volumes in Warsaw are finally beginning to slow, suggesting that the vacancy... 9th September 2010 · 1 min read
Emerging Europe Economics Focus Central Europe: the fiscal squeeze is here 8th September 2010 · 1 min read
Emerging Europe Economics Update Poland: solid recovery remains on track Data released yesterday show that the Polish economy grew by a stronger than expected 3.5% y/y in Q2 (up from 3.0% y/y in Q1). We have since raised our GDP forecast to 3% this year, from 2.5%... 31st August 2010 · 1 min read
Emerging Europe Chart Pack Solid Q2 growth, but strong headwinds persist (Aug 10) Most economies in Emerging Europe posted positive quarterly growth in Q2 and some countries, notably Russia and Turkey, remain on track for an impressive rebound this year. However, a number of... 25th August 2010 · 1 min read
